'Buy Now, Pay Later' schemes, which provide an easy form of personal loan, have been popping up lately. First, we discuss the increasing accessibility of personal loans and what we should consider before opting for one. Then, we look at the growing popularity of buy-now-pay-later schemes and the concerns surrounding them.

Image source: Artem Samokhvalov, Shutterstock

Produced by: Alia Zefri, Lee Chwi Lynn, Sharmilla Ganesan

Presented by: Lee Chwi Lynn, Sharmilla Ganesan

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Categories:  personal finance

Tags:  easy loan scheme,  microlending,  evening edition,  inside story,  bnpl,  buy now pay later,  finance,  loans,